Down payment assistance

RedHouseLoan optionsDown payment assistance › Montana

Montana

Programs from Montana Housing (Montana Board of Housing). RedHouse is a participating lender.

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Regular Bond Program

A first mortgage with a below-market rate for first-time buyers meeting income and purchase-price limits; often paired with a Montana Housing down payment assistance second loan.

Bond Advantage Down Payment Assistance

A second mortgage for down payment and closing costs, repaid monthly alongside the first mortgage.

MBOH Plus 0% Deferred Down Payment Assistance

A deferred second loan for down payment and closing costs with no monthly payment; repaid when the home is sold, refinanced, or paid off.

Montana Veterans' Home Loan Program

A first mortgage for eligible veterans and service members buying their first home in Montana.

Limits

Income and purchase-price limits vary by county and household size and change each year. [Limits and as-of date to be inserted from the Montana Housing website through the content engine before publish.]

Source: housing.mt.gov · As of: pending